BM RENOVATION: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BM RENOVATION
Largest movements
- Cash -€15,905
down €15,905 (-89.0%), from €17,871 to €1,966
mainly Trade debts (-€18,309) and Receivables within one year (-€4,587)
- Receivables within one year +€4,587
up €4,587 (+117%), from €3,910 to €8,496
of which Trade receivables: +€4,427
- Tangible fixed assets +€1,154
up €1,154, from €0 to €1,154
- Trade debts -€18,309
down €18,309 (-91.7%), from €19,975 to €1,666
- Profit (loss) carried forward +€4,598
up €4,598 (+69.5%), from -€6,614 to -€2,015
- Other debts +€2,451
up €2,451, from €0 to €2,451
- Tax, wage and social debts +€1,097
up €1,097 (+77.3%), from €1,419 to €2,516
of which Taxes: +€1,097
- Purchases and services +€207,944
up €207,944 (+103%), from €201,948 to €409,892
- Turnover +€205,040
up €205,040 (+105%), from €195,878 to €400,918
- Gross operating margin +€4,397
up €4,397 (+134%), from €3,286 to €7,683
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,780 | €11,617 | -€10,163 | -46.7% |
| Fixed assets | 21/28 | €0 | €1,154 | +€1,154 | |
| Tangible fixed assets | 22/27 | €0 | €1,154 | +€1,154 | |
| Furniture and vehicles | 24 | €0 | €1,154 | +€1,154 | |
| Current assets | 29/58 | €21,780 | €10,463 | -€11,318 | -52.0% |
| Amounts receivable within one year | 40/41 | €3,910 | €8,496 | +€4,587 | +117% |
| Trade receivables | 40 | €173 | €4,600 | +€4,427 | +2,560% |
| Other amounts receivable | 41 | €3,737 | €3,896 | +€160 | +4.3% |
| Cash at bank and in hand | 54/58 | €17,871 | €1,966 | -€15,905 | -89.0% |
| Total equity and liabilities | 10/49 | €21,780 | €11,617 | -€10,163 | -46.7% |
| Equity | 10/15 | €386 | €4,985 | +€4,598 | +1,190% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Capital | 10 | €7,000 | €7,000 | = | 0.0% |
| Issued capital | 100 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,614 | -€2,015 | +€4,598 | +69.5% |
| Amounts payable | 17/49 | €21,394 | €6,632 | -€14,762 | -69.0% |
| Amounts payable within one year | 42/48 | €21,394 | €6,632 | -€14,762 | -69.0% |
| Trade debts | 44 | €19,975 | €1,666 | -€18,309 | -91.7% |
| Suppliers | 440/4 | €19,975 | €1,666 | -€18,309 | -91.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,419 | €2,516 | +€1,097 | +77.3% |
| Taxes | 450/3 | €1,419 | €2,516 | +€1,097 | +77.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €2,451 | +€2,451 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €195,878 | €400,918 | +€205,040 | +105% |
| Goods, raw materials, services and sundry goods | 60/61 | €201,948 | €409,892 | +€207,944 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €68 | +€68 | |
| Other operating charges | 640/8 | €1,652 | €369 | -€1,283 | -77.7% |
| Gross operating margin | 9900 | €3,286 | €7,683 | +€4,397 | +134% |
| Operating profit (loss) | 9901 | €1,634 | €7,246 | +€5,612 | +343% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €152 | €128 | -€24 | -15.8% |
| Recurring financial charges | 65 | €152 | €128 | -€24 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €1,482 | €7,163 | +€5,681 | +383% |
| Income taxes | 67/77 | €1,167 | €2,565 | +€1,398 | +120% |
| Profit (loss) for the period | 9904 | €315 | €4,598 | +€4,283 | +1,360% |
| Profit (loss) for the period to be appropriated | 9905 | €315 | €4,598 | +€4,283 | +1,360% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.